USD/JPY Forecast September 26, 2017, Technical Analysis
The USD/JPY pair gapped higher at the open on Monday, only to turn around and pullback to fill the gap. The 112 level has offered support, and it looks as if we could see buyers jump back...
Category: Daily Forex Reports
USD/CAD Forecast September 26, 2017, Technical Analysis
The US dollar fell slightly against the Canadian dollar during the Monday trading hours. The market looks likely to continue the volatility that we have seen as of late, and I recognize that the markets are testing...
GBP/USD Forecast September 26, 2017, Technical Analysis
The GBP/USD pair initially tried to rally during the Monday session, but ran into a bit of resistance near the 1.3575 level. Ultimately, I believe that the market is trying to build up enough momentum to finally...
EUR/USD Forecast September 26, 2017, Technical Analysis
The EUR/USD pair gapped lower at the open on Monday, but then turned around to fill that gap. We have fallen since then, but continue to find support near the 1.1850 region. A breakdown below there census...
AUD/USD Forecast September 26, 2017, Technical Analysis
The Australian dollar fell a bit during the day on Monday, but continues to find plenty of noise in this general vicinity. I think that we are going to see a lot of choppiness, and that the...
GBPUSD Countertrend and Correction Setups (Sep 26, 2017)
GBPUSD is still trending higher on its longer-term charts and is testing the top of its ascending channel visible on the daily time frame. This could mean an opportunity for a countertrend play back to the support...
AUDNZD Channel Breakdown (Sep 25, 2017)
AUDNZD recently broke below the ascending channel support on its 4-hour time frame to signal that a reversal is underway. Before that happens though, price could still make a pullback to the broken support. However, the 100...
USD/JPY Forecast September 25, 2017, Technical Analysis
The USD/JPY pair fell a bit during the session on Friday, but looks to be finding support near the 112 level. Because of this, I believe that the market will continue to find buyers as the Federal...
USD/CAD Forecast September 25, 2017, Technical Analysis
The US dollar fell against the Canadian dollar initially on Friday but found support as the Canadian CPI numbers came out less than anticipated. This works against the Loonie overall, and therefore we rallied back towards the...
GBP/USD Forecast September 25, 2017, Technical Analysis
The British pound went sideways initially during the session on Friday, but pulled back towards the 1.35 handle. That’s an area that offered a certain amount of support, as it has during most of the week. I...